US Social Security Administration Has Three Offices in Mexico to Help Expats Living in Mexico

If you reside in Mexico and have questions regarding services provided by the Social Security Administration (SSA), you must contact the SSA Federal Benefits Unit (FBU) located in Mexico. For more information on their services and how to contact them, please visit their webpage at: https://mx.usembassy.gov/u-s-citizen-services/social-security

For comprehensive information on SSA’s services abroad, please visit SSA’s webpage Service Around the World.

If you are already receiving SSA benefits payments, there will be no change in the method of distribution of those payments.

Need help with your US taxes, past due taxes, IRS collection matters, US estate planning contact a US Attorney with 30 years experience assisting expats in Mexico.  Email. ddnelson@gmail.com Or send a whats app to 18185199219.

US TAXPAYERS CAN LOSE THEIR PASSPORT FOR UNPAID FEDERAL TAXES

The IRS has begun issuing notice CP508C to taxpayers with “seriously delinquent” tax debt and the service has resumed its program of notifying the State Department of taxpayers’ unpaid federal debts.

The U.S. Department of State generally will not renew a passport or issue a new passport to taxpayers after receiving a certification of “seriously delinquent” tax debt from the IRS, and they may revoke or place limitations on current passports. Generally, you can use your passport until you’re notified by the U.S. Department of State that it’s taking action to revoke or limit your passport.

Once a taxpayer receives the notice CP508C, they have 30 days to dispute the notice. Taxpayers are cautioned to retain the notice until the issue is resolved. The IRS contact number is in the top right-hand corner of the CP508C notice. If the debt has already been satisfied, the taxpayer will need to have proof of payment available.

Seriously Delinquent Tax Debt - Seriously delinquent tax debt is an individual's unpaid, legally enforceable federal tax debt totaling more than $54,000 (including interest and penalties) for which:

• Notice of federal tax lien has been filed and all administrative remedies under the Internal Revenue Code have lapsed or been exhausted, or 
• A levy has been issued. 

The seriously delinquent tax debt amount that triggers the IRS to notify the State Department is inflation adjusted, so the $54,000 amount applies to 2021 and will no doubt increase for 2022.

Getting the Certification Reversed – Once IRS has certified the “seriously delinquent” tax debt to the U.S. Department of State the IRS will reverse the certification when:

• The tax debt is fully satisfied or becomes legally unenforceable. 
• The tax debt is no longer seriously delinquent. 
• The certification is erroneous. A previously certified debt is no longer seriously delinquent when: 
• The taxpayer and the IRS enter into an installment agreement allowing the debt to be paid over time. 
• The IRS accepts an offer in compromise to satisfy the debt. 
• The U.S. Department of Justice enters into a settlement agreement to satisfy the debt. 
• Collection is suspended because the taxpayer requests innocent spouse relief. 
• The taxpayer makes a timely request for a collection due process hearing in connection with a levy to collect the debt.

Additionally, a certified debt is no longer seriously delinquent for any taxpayer:

• Who is in bankruptcy. 
• Who is identified by the IRS as a victim of tax-related identity theft. 
• Whose account the IRS has determined is currently not collectible due to hardship. 
• Who is located within a federally declared disaster area 
• Who has a request pending for an installment agreement with the IRS. 
• Who has a pending offer in compromise with the IRS. 
• Who has an IRS-accepted adjustment that will satisfy the debt in full.

How long will it take to get a certification reversed? Once the tax problem with the IRS has been resolved in one of the instances included above, the IRS will, within 3 days, reverse the certification and provide notification to the U.S. Department of State.

If a taxpayer is already overseas when the State Department takes action to revoke or limit the taxpayer’s passport, the agency will either limit the passport only for return travel to the U.S. or issue a limited passport that only permits return travel.

I

FBAR Form 114 Filing Deadline has not been extended - but there is an automatic Extension

With the extension of the individual filing deadline to May 17, 2021, practitioners have been asking if the FBAR filing deadline was also extended. The assumption for many was that, because the FBAR filing deadline has been adjusted to match the individual filing deadline, the FBAR deadline would be extended too. Today the IRS has stated that the extension of the federal income tax filing due date and other tax deadlines for individuals to May 17, 2021, does not affect the FBAR requirement. (IR-2021-83) However, keep in mind that taxpayers are allowed an automatic extension to October 15 if they fail to meet the FBAR annual due date of April 15. You don’t need to request an extension to file the FBAR.

IF you need help with your FBAR or catching up with past unfiled FBAR forms, contact us. There are procedures to avoid the $10,000 late filing penalty if you file the form properly. Remember if your combined highest balances in foreign bank accounts  (or other financial accounts in your congtrol) ever exceed $10,000 (even if just for a day) you must file the form. The form must be filed in your sign on someone elses account or corporate accounts also.  Email us at
taxmeless.  Skype: dondnelson

Beware of IRS Tax Scams

 

A Mini Consultation is Now Available with A US Tax Attorney and Partner in a US CPA Firm about your Expat, Nonresident or International Tax Matters

 If you have specific expat, international or nonresident, tax questions on your personal situation and need to discuss it with an US expatriate international tax expert, with the protection of  Attorney-Client privilege, you can request a "Mini Consultation."   The fee is  $300 US for up to 30 minutes of Mr. Nelson's professional legal tax advice over the phone, skype, zoom or email.  We are virtual and no need to visit our office.

 If  you send us an outline of your situation, facts and questions in advance, we prepare in advance and this time is extremely productive and usually resolves all of your questions  within the time allowed. We can find a solution to your US or US State tax problems.

And remember as a partner in a US CPA firm we can also prepare the returns, forms, and amended returns to solve your tax problems.  We are a one stop solution and make the entire process simple and easy.  Our specialty if fiing past due returns and assisting nonresidents with the tax aspects of owning US real estate.

Many hundreds of expat taxpayers located everywhere in the world  have used "Mini Consultations" to resolve their tax problems and issues.  US Phone (949) 480-1235. US Fax (949) 606-9627 skype address dondnelson. Email:ddnelson@gmail.com  Whatsapp No.  1(818) 519-9219.   Visit our website at www.taxmeless.com 

We look forward to resolving your tax problems and/or  preparing your  US return. Thank you. Don

US Tax Brackets - Tax Tips for Gig Work - Upcoming Tax Deadlines

 

2021 Adjustments to Tax Brackets and Deductions The IRS recently released a list of federal income tax adjustments for 2021. The most important changes include higher standard deductions and higher income limits for common tax rates. Standard Deduction Increases The standard deduction for individual ... Tax Tip: Tracking Income and Expenses for “Gig” Work With working from home becoming more common in 2020 & 2021, many people are taking on freelance or “gig” work to supplement their incomes. Whether you rely on gig work as your primary income source ... Upcoming Tax Deadlines February Day 01 Businesses - Give annual information statements to recipients of certain payments you made during 2020. You can use the appropriate version of Form 1099 or other information return. Form 1099 can be issued electronically with .. Call or email us for help with you personal return, business returns, expatriate, international and nonresident tax returns and planning. We have over 30 years experience. Email Us US Phone 949-480-1235. Skype: dondnelson